College Confidential - View Single Post - Is It Worth It? Indiana University Bloomington

oregonianmom · 12-02-2007, 10:39 AM

Even if you get the top OOS merit scholarship ($8000 per year), IU still ends up costing about $22,000 a year for tuition and room & board. I think you need to visit to decide for yourself, but as a parent, I'd say a $65K debt would NOT be worth it. I understand your wanting to go somewhere else for college. My S is the same way, and won't apply to any in-state schools even though it would much less expensive. There's more to the equation than the money, but overall I think taking on $65K in debt as a new grad will put a huge crimp in your lifestyle for a long time.

12-02-2007, 10:39 AM	#23
oregonianmom Member Join Date: Mar 2007 Posts: 986	Even if you get the top OOS merit scholarship ($8000 per year), IU still ends up costing about $22,000 a year for tuition and room & board. I think you need to visit to decide for yourself, but as a parent, I'd say a $65K debt would NOT be worth it. I understand your wanting to go somewhere else for college. My S is the same way, and won't apply to any in-state schools even though it would much less expensive. There's more to the equation than the money, but overall I think taking on $65K in debt as a new grad will put a huge crimp in your lifestyle for a long time.
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